UK MARKET TALK ROUNDUP: BROKERS COMMENTS
5th Jul 2010 07:21
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0621 GMT [Dow Jones] Serco Group's (SRP.LN) contract with the Ministry of Justice to provide and operate a new prison at Belm
Read moreSerco wins prison contract
5th Jul 2010 07:14
Outsourcing specialist Serco has won a long term contract to provide and operate a new prison at Belmarsh West, London. This is the first prison contract to be awarded in the UK to an alliance of the private and voluntary sectors. Serco's partners in the project are Turning Point, a health and soc
Read moreSerco Signs Pact For Belmarsh West Prison Valued At GBP415M
5th Jul 2010 07:13
LONDON (Dow Jones)--Serco Group PLC (SRP.LN), the international service company, said Monday its consortium has signed a contract with the Ministry of Justice to provide and operate a new prison at Belmarsh West, London worth GBP415 million over 26.5 years. MAIN FACTS: -Serco announced its s
Read moreWednesday tips round-up: Vedanta, Serco, Carpetright
30th Jun 2010 06:47
If there were a "nasty company of the year" award, the FTSE-100 listed mining group Vedanta Resources would not be short of nominations. Human rights and environmental activists consistently attack Vedanta for its practices, not least its bauxite project in the Niyamgiri hills of Orissa state in e
Read moreLondon close: Footsie dives on economic concerns
29th Jun 2010 16:31
London's leading shares ended with heavy losses as concerns about the global economy resurfaced again. Traders were nervy in Europe about bank payments that need to be made to the European Central Bank this week, while triple-digit falls on Wall Street added to London's woes. As in London, US in
Read moreLondon afternoon: Stocks dive deeper
29th Jun 2010 14:27
Expectations of a triple-digit fall on the Dow Jones index when Wall Street opens has added to London's woes. As in London, US investors are concerned that China's economy is not likely to grow at the rate previously anticipated. US based research group the Conference Board said overnight that its
Read moreMARKET TALK: Serco On Track To Meet Expectations - Panmure
29th Jun 2010 13:51
1251 GMT [Dow Jones] Serco's (SRP.LN) trading update confirms the group remains on track to meet expectations, says Panmure Gordon. Organic revenue growth is still healthy and progress towards the group's 6.3% margin target (by '12) is being made, Panmure says. Still the brokerage maintains its caut
Read moreLondon midday: Footsie waves goodbye to 5,000
29th Jun 2010 12:06
Footsie fell below 5,000 as mining shares tanked in the morning session on concerns that China's economy is not likely to grow at the rate previously anticipated. US based research group the Conference Board said its China leading economic index rose just 0.3% in April, a sharp revision down from
Read moreMARKET TALK: Serco Update Shows Continued Strength - Investec
29th Jun 2010 09:48
0848 GMT [Dow Jones] Serco Group's (SRP.LN) trading update confirms the group continued to trade strongly in 1H and is on track not only to meet guidance for the FY, but also its longer-term guidance on margins for '12. Says: "We rate management highly and believe that Serco is very well placed to b
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
29th Jun 2010 09:48
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0848 GMT [Dow Jones] Serco Group's (SRP.LN) trading update confirms the group continued to trade strongly in 1H and is on
Read moreLondon open: Footsie slides lower
29th Jun 2010 08:56
London has followed US and Asian markets lower with only AstraZeneca in the blue at present. It was suggested as a possible takeover company for a US company by Standard & Poor's, along with BAE Systems and Balfour Beatty. US companies clearly are interested in UK assets judging from Emerson's 375
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
29th Jun 2010 08:00
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0700 GMT [Dow Jones] Serco Group's (SRP.LN) trading update confirms guidance for margins and revenues for the full year to De
Read moreMARKET TALK: Serco Group's Update Confirms Guidance - Shore
29th Jun 2010 08:00
0700 GMT [Dow Jones] Serco Group's (SRP.LN) trading update confirms guidance for margins and revenues for the full year to December, says Shore Capital. However, says the details of the new corporate reporting structure, reflects the strong operational progress made in the past couple of years. Adds
Read moreLondon pre-open: Weak start expected
29th Jun 2010 07:46
London is set to follow US and Asian markets lower, with traders predicting the Footsie blue-chip index will open around 57 points lower at 5,115. Outsourcing specialist Serco remains on course to meet guidance given in May, although it gave no clue as to the possible impact of spending cuts announ
Read moreMARKET TALK: Serco Trading Update Positive; Company On Track
29th Jun 2010 07:34
0634 GMT [Dow Jones] Serco Group's (SRP.LN) pre-close trading update is positive, according to an analyst, confirming a good first-half and that the company is on track to deliver guidance for this year. The outlook statement looks confident too, and the analyst also notes the substantial order bo
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